A Multiple Regression Is Shown for a Data Set of Yachts

question 73

Multiple Choice

A multiple regression is shown for a data set of yachts where the dependent variable is the price in thousands of dollars. Based on this output,which of the independent variables appear to be significantly helping to predict the price of a yacht,using a 0.10 level of significance?

• A)Age
• B)Age and length
• C)Rooms and Nav.Equip.
• D)Length and Nav.Equip.

---

Definitions:

Clubbed

A condition, typically referring to the broadening and thickening of the ends of fingers or toes, often associated with underlying medical conditions.

Power Outage

A situation where there is a temporary loss of electrical power to an area.

Own Business

The act of focusing on one’s own tasks or affairs, not involving oneself in the matters of others.

Frustration

A feeling of dissatisfaction, often accompanied by anxiety or depression, resulting from unfulfilled needs or unresolved problems.